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FTSE 100 (FTSE)

Real-time derived
Currency in GBP
8,159.63
-59.98(-0.73%)
Closed

FTSE 100 Discussions

nearest 52 week high of course to it's extend 2023 March till end for its monetary policy stance and infrastructure fiscal as well
How far can they pump?
The details above gave me 438k after using his signals
100
hy
give please
10$
1590$
is this business real so that I can join, need your assistance
is this real
DEAD
No just lagging behind the dollar
seems a bit resistance
Test
damn,UK 100  volume just drop for about 200 millions
A bit early to write off the FTSE because of resistance above 7000 imo. It's still about the least overpriced global asset as compared to commodities precious metals, DOW/ DAX or bonds.. . Given the bond yield a p/e of 15 is very surprising, one would have expected 20.
my assessment of ftse100 is bleak. There is 7 years resistance and no trading has taken above this line. and lot of traders respect that resistance line.Obvious;y there has been several attempts to go over that line, but it was unsuccessful. As from this line the trend has reversed. This is a multi-year wedge pattern, and the wedge pattern is the most powerful chart pattern. it is one of my favourite chart pattern that i trade. Because when this pattern get broken it retraces 100% of the wedge height .Also the RSI is also broken to the bearish side. The market has staged a kiss to the top line and broken to the down side. The kiss to the top line is the give away that the trend has changed.The prices may hit 6075
how long before it happens you think!? or at least 6500!?
There was good opportunities to buy today from 7 am as entry window, i missed this. Prices jumped very fast so by the time i had a look into it at 8.30 it looked to be over sold or reaching near enough. the next R was 25points away but the S level was more than that, therefore the risk to profit ratio was high in this case hence not a good point to go into buy. Unfortunately its a missed opportunity today.
ok so for today....got into a buy position this morning in at 6.824 and got out at 6.841. so made a decent amount today,,,was a bit slow as well... and could have got in a better position than at 6.824. but no problem 16 points isnt too bad i guess.
No more trading opps on FTSE100 since this morning....so done ma work for today. Looking at how it went today i would say its positioned it self to go on a buy trend tomorrow morning. However this just an assumption not a confirmation. Will have to wait till tomorrow morning to see what the tech analysis is saying and the news and how the price it moving.
As we can see price has done a rebound from R1 point at which i existed my buy position. It was the best thing to do and it was right. However it may seem like trend will reverse to down, but at this time its not a good idea to enter the market. at this point stay out till a clear window opens. . This is all for daily trading btw.
FTSE100 still has room to move further up as Up trend is still forming, Technical indicators still in bullish mode and the news are positive also RSI hasn't reach oversold point as well, but i have met my daily target and went close to R1, im happy to sit out for the rest of the day and watch how the day unfolds and where it ends, so ready for tomorrow position.
a nice 25 points made this morning. got in at 6,828 and got out on 6.852, this was as a buy trend had started at this point. tech analysis and news both showed an uptrend starting, and in 30mins window this was already confirmed.
made a good solid 32 points as calculated, will stop trading FTSE100 for rest of the day now.
can see the trend for sell starting for UK100 now after a rise this morning. Entered now at 6,861 to go down to 6,830
missed opportunity to sell this morning..was slow to move in. Now looks like a rebound is about to happen, but as its going against the trend and indicators its risky and therefore wont be a sensible move to make and buy. But if you are a gambler then yes you can buy and may hit jackpot. But do same thing next time and it may hit u back.
im going to close my sell position now as its reached Oversold level for a few indicators also reach my daily target, so will close now and sit back and see how the market goes and come back into trading tomorrow if good positions come up.
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